皖能电力(000543) - 2020 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2020 was ¥3,476,200,672.36, a decrease of 15.39% compared to ¥4,108,637,584.80 in the same period last year[3]. - Net profit attributable to shareholders was ¥131,470,595.48, down 10.75% from ¥147,311,524.10 year-on-year[3]. - Basic earnings per share decreased by 25.00% to ¥0.06 from ¥0.08 in the same period last year[3]. - Total comprehensive income for the period is CNY 122,130,738.63, a decrease of 87.48% year-on-year, mainly due to a reduction in net profit and other comprehensive income[10]. - Net profit for Q1 2020 was CNY 167,856,840.63, a decline of 24.3% compared to CNY 221,835,131.11 in Q1 2019[29]. - Net profit attributable to the parent company was CNY 85,744,493.48, down from CNY 901,158,067.10 year-over-year[30]. Cash Flow - The net cash flow from operating activities increased by 27.37% to ¥793,273,923.03, compared to ¥622,797,689.86 in the previous year[3]. - The net cash flow from financing activities for the period is CNY 659,729,357.11, an increase of CNY 1.383 billion year-on-year, mainly due to an increase in cash received from borrowings[11]. - Cash received from sales of goods and services was CNY 4,341,847,210.12, compared to CNY 4,556,885,560.11 in the previous period, showing a decline[34]. - Cash outflow from operating activities totaled CNY 3,656,925,116.23, down from CNY 4,078,198,832.13 year-over-year[35]. - The net increase in cash and cash equivalents was 854,392,556.43 CNY, contrasting with a decrease of 305,927,631.14 CNY in the prior year[36]. Assets and Liabilities - Total assets at the end of the reporting period were ¥33,643,023,453.25, a decrease of 2.26% from ¥32,899,287,783.39 at the end of the previous year[3]. - The company's total liabilities increased to CNY 15,280,649,892.55 from CNY 14,659,921,876.22, reflecting an increase of approximately 4.23%[22]. - Total current liabilities rose to CNY 8,663,754,021.06, compared to CNY 7,836,856,380.41 at the end of 2019, indicating an increase of approximately 10.57%[22]. - The company's long-term borrowings decreased to CNY 4,549,499,791.63 from CNY 4,744,246,865.10, a decline of about 4.1%[22]. - The total liabilities included short-term borrowings of 4,611,110,508.57 CNY[40]. Shareholder Information - The top shareholder, Anhui Energy Group Co., Ltd., held 54.93% of the shares, totaling 1,245,208,342 shares[6]. - The total number of ordinary shareholders at the end of the reporting period was 61,124[6]. Government Support - The company received government subsidies amounting to ¥3,062,334.40 during the reporting period[4]. Operational Efficiency - Total operating costs for Q1 2020 were CNY 3,368,837,451.89, down 13.9% from CNY 3,915,107,830.41 year-on-year[28]. - Sales expenses for the period amount to CNY 588,293.52, a decrease of 31.33% compared to the same period last year, mainly due to reduced sales salaries and travel expenses[10]. Investment and Financial Activities - Investment income for the period is CNY 102,092,630.68, an increase of 50.92% year-on-year, mainly due to increased investment in Shenwan Energy[10]. - The company reported a decrease in financial expenses to CNY 117,096,746.33 from CNY 118,279,728.91 year-on-year[28]. - The company received 1,040,000,000.00 CNY from borrowings during the financing activities, up from 400,000,000.00 CNY in the previous period[38]. Inventory and Receivables - Inventory levels rose to CNY 442,139,393.18, up from CNY 341,617,151.04, reflecting an increase of about 29.4%[20]. - The company's accounts receivable decreased to CNY 1,445,078,852.97 from CNY 1,568,877,559.37, a decline of approximately 7.9%[20]. Future Outlook - Future outlook includes potential strategies for market expansion and new product development, although specific figures were not provided in the report[29].